With the sharp growth slowdown in 2023 from an overheated post-pandemic recovery, the Colombian economy has reached more sustainable levels of economic activity and domestic demand, with a marked reduction in domestic and external imbalances owing to appropriately tight macroeconomic policies....

Cover Page -- Title Page -- Copyright Page -- Contents -- BOX -- FIGURES -- FIGURES -- FIGURES -- TABLES -- BOX -- FIGURES -- BOXES -- FIGURES -- BOXES -- FIGURES -- TABLES -- A. External Sector Developments -- 1. Recent Developments -- 2. Outlook -- 1. Growth and Fiscal Consolidation Scenario...

Cover -- Contents -- Executive Summary -- I. Introduction -- II. Recent Economic Developments -- III. Policy Discussions -- A. Policies for 2007: Reducing Inflation -- B. Medium-Term Policies: Ensuring Fiscal Sustainability -- C. Medium-Term Policies: Promoting Sustained Nonhydrocarbon Growth --...

Cover -- Contents -- I. Introduction -- II. Strong Growth in 2006, Though Housing Market Started to Cool -- III. Growth Slowdown Ahead, with Risks on the Downside -- IV. Ample Room for Fiscal Stabilizers, but Population Aging Ahead -- V. Banks have Large Exposures to Property, but Big Cushions...